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The side-by-side comparison of Kotak Securities and Choice Broking. Compare Kotak Securities Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs Choice Broking?
Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).
Kotak securitie... 
Choice Broking
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993.
Choice Broking offers online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, wealth management, Portfolio management, Insuran...
Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India. Incorporated in 2010, Choice Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, ICDEX. It has 50 branches across India.
| Kotak Securities | Choice Broking | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Supported Exchnages | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX, ICDEX |
| Account Type | Fixed Brokerage Plan | Standard Plan |
| Year of Incorporation | 1994 | 2010 |
| Number of Branches | 1209 | 50 |
| Broker Enquiry |
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| Enquire Kotak Securities | Enquire Choice Broking |
Kotak Securities trading account opening charges is Rs 750 while Choice Broking account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).
| Kotak Securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charges | Rs 750 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | Rs 200 or as per plan. (1st year AMC free) |
Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
| Kotak Securities | Choice Broking | |
|---|---|---|
| Account Type | Fixed Brokerage Plan | Standard Plan |
| Fixed Charges | ||
| Equity Delivery Brokerage | 0.49% | 0.20% |
| Equity Intraday Brokerage | 0.049% (both side) | 0.02% |
| Equity Futures Brokerage | 0.049% (both side) | 0.02% |
| Equity Options Brokerage | Rs 300 per lot | Rs 25 per lot |
| Currency Futures Trading Brokerage | 0.02% | |
| Currency Options Trading Brokerage | Rs 20 per lot | |
| Commodity Futures Trading Brokerage | 0.070% | 0.02% |
| Commodity Options Trading Brokerage | Rs 50 per lot | |
| Special Offer | Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback. |
| Kotak Securities | Choice Broking | |
|---|---|---|
| Account Type | Dynamic Brokerage Plan | Standard Plan |
| Fixed Charges | ||
| Equity Delivery Brokerage | 0.59% to 0.30% | 0.20% |
| Equity Intraday Brokerage | 0.06% to 0.05% | 0.02% |
| Equity Futures Brokerage | 0.07% to 0.05% | 0.02% |
| Equity Options Brokerage | 2.5% to 1.8% | Rs 25 per lot |
| Currency Futures Trading Brokerage | 0.04% or Rs 20 per lot | 0.02% |
| Currency Options Trading Brokerage | Rs 20 to Rs 7.5 per lot | Rs 20 per lot |
| Commodity Futures Trading Brokerage | 0.02% | |
| Commodity Options Trading Brokerage | Rs 50 per lot | |
| Enquire Kotak Securities | Enquire Choice Broking |
| Minimum Brokerage Charges | Rs 21 per executed order | |
| Other Brokerage Charges | SMS Alerts at Rs 50 per month | |
| Call & Trade Charges | Rs 20 per call after first 20 free calls in a month | Rs 0 (Free) |
Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| Kotak Securities | Choice Broking | |
|---|---|---|
| Equity Delivery | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Intraday | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Futures | NSE: 0.0019% | NSE Rs 240 per crore (0.0024%) |
| Equity Options | NSE: 0.05% on Premium | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | NSE: 0.0009%, BSE: 0.00022% | NSE Rs 90 per crore (0.0009%) |
| Currency Options | NSE: 0.035%, BSE: 0.001% | NSE Rs 4000 per crore (0.04%) |
| Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) |
| Enquire Kotak Securities | Enquire Choice Broking |
Kotak Securities provides the margin of 50 times for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.
| Kotak Securities | Choice Broking | |
|---|---|---|
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Equity Intraday | 50 times | Up to 20x |
| Equity Futures | 12 to 15 times | Up to 5x |
| Equity Options | Selling: 200 times | Buying: 10 times | 1x (no margin) for Options buying and up to 10x for options selling |
| Currency Futures | NA | Up to 3x |
| Currency Options | NA | 1x (no margin) |
| Commodity Futures | NA | Up to 5x |
| Commodity Options | 1x (no margin) | |
| Enquire Kotak Securities | Enquire Choice Broking |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Choice Broking offers Jiffy trading software.
| Kotak Securities | Choice Broking | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting | |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | Jiffy |
| Intraday Square-off Time | 3:15 PM | |
| Other Features | 3-in-1 account | |
| Referral Program | |
|
| Enquire Kotak Securities | Enquire Choice Broking |
Kotak Securities is rated 2.5 of 5 based on 163 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.
| Kotak Securities | Choice Broking | |
|---|---|---|
163 Customer Reviews  |
3 Customer Reviews |
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| Broker Rating | Kotak Securities is rated 2.5 of 5 based on 163 customer reviews | Choice Broking is rated 4.7 of 5 based on 3 customer reviews |
| Kotak Securities Enquire | Choice Broking Enquire | |
|---|---|---|
| Contact Broker |
| Kotak Securities | Choice Broking | |
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| Stock / Equity | |
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| Initial Public Offers (IPO) | |
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| Other Investment Options | Portfolio Management Services, Insurance |
| Kotak Securities | Choice Broking | |
|---|---|---|
| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Enquire Kotak Securities | Enquire Choice Broking |
| Kotak Securities | Choice Broking | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Kotak Securities | Choice Broking | |
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| Casual Investor | |
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| Active Investor | |
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| Trader |
| Kotak Securities | Choice Broking | |
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| Reviews | Choice Equity Broking Private Limited, commonly known as Choice Broking , is a Mumbai based full-service broker incorporated in 2010 offering online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Margin Trading Facility, wealth management, Portfolio management, Insurance, and Loan against share. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL and is a member of NSE, BSE, MCX, NCDEX, and ICEX. The company has a proprietary trading platform (Jiffy) available on the website, Android, and iOS. |
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| Promo / Offers | Kotak 3-in-1 AccountKotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF. Looking for an online trading account? Request Callback from a stock broker. |
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| Enquire Kotak Securities | Enquire Choice Broking |
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